Nevada LLC Filing vs. Idaho

Nevada vs. Idaho Incorporation Comparison

Idaho may be a great place to do business and operate a business, but it’s tax requirements make it less than ideal for incorporation. Idaho has 7.6% corporate income tax and up to 7.8% personal income tax. While Idaho has no tax on corporate shares or gift tax, Idaho does have franchise tax, unitary tax and estate tax. Nevada on the other hand, has none of these. Nevada also has some very favorable asset protection policies that make Nevada a great place to incorporate your business. To see a complete breakdown of the benefits of incorporating in Nevada vs, Idaho, please check out the chart below.